Today we've got David Dayen on to discuss just what is in the monster Inflation Reduction Act--the gobs of tax credits, new regulations, tax hikes, and so on. Then we discuss what it reveals about the state of the Democratic coalition and what it might bode for the future.
Check out Lee Harris's Prospect articles on the <a href='https://prospect.org/environment/inflation-reduction-bill-uses-public-finance-to-stoke-energy-investment/'>IRA and energy investment</a>, and <a href='https://prospect.org/environment/corn-ethanol-investors-poised-to-profit-from-inflation-reduction-act/'>how corn ethanol producers might benefit</a>; along with <a href='https://prospect.org/politics/joe-manchin-and-chuck-schumer-have-a-surprise-for-you/'>David's backgrounder</a> on it. Evergreen Action also has a <a href='https://www.evergreenaction.com/documents/The-Climate-Impact-of-the-IRA.pdf'>useful summary of the bill here</a>.